- September Methanol ZCE contract Yuan 97-120/mt- China's coast methanol inventories are up 6.38% increase
in the week- Indian Bearish Fundamentals





Asian methanol fell $6-7/mt to $343-360/mt
CFR China, tracking weak futures on Zhengzhou Commodity Exchange mid-afternoon
trading. The
active-traded September Methanol Futures contract closed Yuan97-120/mt less
than the previous session. Trade sources
weren't clear on what caused the sharp fall in methanol futures. Futures on ICE Brent crude oil were $2 lower in the front month. 03/b was $121.24-140.50/b at
the Asian close on June 15. Some sources
claim that investors were rattled by the large buildup of coal and methanol
inventory along China's eastern and southern coasts. Market research firm Longzhong Information Services reported
that methanol inventories increased by 61,400mt or 6. According to Longzhong Information Services, methanol
inventory increased by 61,400 mt, or 6. Non-sanctioned...